abstract13

what's abstract?

Abstract is an Ethereum Layer-2 blockchain developed by Igloo Inc., the creators of Pudgy Penguins, designed to make cryptocurrency accessible and user-friendly for mainstream consumers. It focuses on simplifying the crypto experience by eliminating seed phrases, browser extensions, and confusing signatures through features like the Abstract Global Wallet, which offers seamless onboarding and one-click interactions. Key elements include Panoramic Governance, which rewards user participation with transaction fee shares, and integrations with tools like Alchemy for development, Dynamic for authentication, and Pyth for real-time market data. The ecosystem supports DeFi, gaming, SocialFi, and NFTs, with projects like Gigaverse, PENGU, and Moonit launchpad enhancing liquidity and engagement. Abstract aims to onboard the next generation of users via consumer-centric apps, XP earning mechanics, and partnerships such as with Binance US for native deposits. Upcoming phase 2 developments are anticipated to further boost sentiment and adoption.

Snapshot

Abstract powers 'buy now, pay maybe' for onchain purchases and has 76 active onchain apps.

23H ago
TECH EVENT

Registered as an ERC-8004 agent on Abstract Chain, supports ERC-8001.

1D ago
PARTNERSHIP

Replaced entire wallet data stack (balances, pricing, transactions) with DuneSim after previous provider shut down, instead of building indexers in-house.

ONCHAIN METRICS

A user vaulted over $100,000 worth of collectibles on the dyli.io platform.

TECH EVENT

BigHossbot launched BadgeLender app on February 9, 2026, enabling users to rent Abstract Socks NFTs to claim associated badges.

3D ago
PARTNERSHIP

Cryptoys announced a game jam with Remix GG featuring a $5,000 prize on the Abstract network.

TECH EVENT

Dyli introduced live card pricing functionality allowing users to view the value of every card in a set before claiming, buying, or ripping.

4D ago
TECH EVENT

Powers Small Brain's "buy now, pay maybe" feature for onchain purchases.

5D ago
ONCHAIN METRICS

Has 76 active onchain apps.

6D ago
VISIBILITY EVENT

Featured in a comparative analysis of web3 collectible platforms and RWA marketplaces by an industry observer who evaluated multiple projects building in the space.

TECH EVENT

Gigaverse launched fast mode in dungeons with new features.

FINANCIAL EVENT

GIGACHADBAT's $CHAD token presale reached full contribution.

ONCHAIN METRICS

$BIGHOSS token reached $335K in trading volume on Abstract within 12 hours, making it the highest volume token on the network for the 1-day period as of 2026-02-05.

MARKET ACTIVITY

A token ($BIGHOSS) was created on Abstract for the AI agent, with 40% sent to the agent's wallet.

1W ago
PARTNERSHIP

Integrated 0x Protocol into Portal to improve liquidity and trade execution

VISIBILITY EVENT

Featured in an Untamed Report covering ecosystem developments and upcoming projects.

VISIBILITY EVENT

Launched a flash badge in collaboration with Onchain Heroes for their Maze of Gains game. Upcoming app launches include Onchain Heroes on Abstract Chain.

ONCHAIN METRICS

Reached over 5,000,000 badges collected by AGW users since mainnet launch.

VISIBILITY EVENT

Hosts an Ultraman_AI NFT mint event with a box-opening mechanism where holders can earn free boxes based on NFT holdings and AGW Abstract level, with floor price above 0.2 ETH.

PARTNERSHIP

Partnered with Roach Racing Club to launch a new board in LOLLand Game.

2W ago
ONCHAIN METRICS

Reached over 800,000 monthly active users on the portal.

ONCHAIN METRICS

Created over 3.77 million AGW (smart contract wallets).

ONCHAIN METRICS

hosts the top 3 games by a performance metric, excluding Lolland which generated higher results

TEAM UPDATE

Added @HeyNat as APAC Community Lead, leading community engagement and ecosystem events throughout the APAC region.

3W ago
TECH EVENT

Reduced block times from 1000 milliseconds to 200 milliseconds, achieving a 5× speed improvement since launch.

TEAM UPDATE

Hired nix_eth as Growth Lead at Aborean (Abstract's liquidity layer) to advance Abstract's liquidity infrastructure and support teams building on Abstract.

TECH EVENT

GreenAcres NFT GameFi project is launching on Abstract Chain as a land and resource management game with NFTs as core in-game assets.

ONCHAIN METRICS

Bridged TVL is increasing for the first time since July 2025.

ONCHAIN METRICS

Passed $4,000,000,000 in total onchain volume.

1M ago
TECH EVENT

Enabled BTC tipping functionality for streamers on the platform.

PARTNERSHIP

Partners with Proof of Play's Arcade for a special competition event featuring an increased prize pool and bonus rewards, scheduled for the week of January 13, 2026.

TOKEN ECONOMICS

Plans changes to the reward system.

TECH EVENT

Built a new funding modal that provides users access to fiat on-ramp providers including Moonpay and Coinbase.

VISIBILITY EVENT

Received promotional content on the official Igloo Instagram account as part of a Phase 2 marketing initiative targeting web2 audiences.

ONCHAIN METRICS

Duel Arena has achieved $36 million in total wagers, over 1 million duels, and approximately $400,000 in revenue on Abstract since August 2025.

VISIBILITY EVENT

Released a 40th badge that users can claim by enabling email notifications.

ONCHAIN METRICS

Chinese community represents the second largest user subgroup by geography, behind US users.

TECH EVENT

Added a "favorite" feature allowing users to bookmark apps, tokens, and NFTs for quick access.

PARTNERSHIP

Launched the Abstract AI Accelerator Program with five projects selected for the first cohort focusing on consumer use cases.

OPINION SPECULATION

Plans to reduce the network base fee during the week of December 16, 2025, to enable cheaper transactions.

MyriadMarkets integrates with Abstract Chain, allowing users to farm Abstract Chain XP through early participation, market interactions, and quest completion (connecting socials and simple tasks).

Cryptoys launches "Mickey & Friends Volume I" on Wednesday as the first major drop on Abstract, featuring Mickey Mouse, Minnie Mouse, and Pluto across five rarity tiers in an upgradable mystery box format.

Cryptoys brings a new collectible experience featuring Disney and Star Wars brands to the platform, with CEO Will Weinraub scheduled for an interview on Tuesday at 5PM EST.

Abstract holds 0.66% mindshare, ranking 17th among top blockchain ecosystems in 2025.

61% of the 150 million transactions come from AGW users, demonstrating adoption of smart contract accounts.

Abstract reaches 150M transactions with AGW users accounting for 61% of total transaction volume on the network.

gccryptotv announces streaming all year on Abstract Chain starting 6pm EST.

Abstract Chain reaches 150 million total transactions milestone.

AboreanFi, a liquidity layer on Abstract with no pre-sale or VC raise, generates $565k in swap fees over 9 weeks distributed to veABX voters and reduces the effective DeFi fee rate from ~0.25% to ~0.09%, saving swappers ~$1m.

Abstract launches a new strategy specifically to support creators and their growth. Xeet, built on Abstract, announces doubling down on creators.

Disney launches on Abstract, marking the beginning of their engagement with the platform.

Lending protocol Kona lend goes live on Abstract.

Abstract Chain TGE is expected to occur in 2026.

2M ago

Abstract Chain partners with Open World to launch a national-scale RWA tokenization engine for AI supercomputing centers, real estate, and energy infrastructure, providing fractional ownership and liquidity for previously inaccessible assets.

AGW experiences security breach with WETH stolen from users; enabling 2FA recommended to prevent similar attacks.

Abstract Chain experiences a security breach where WETH is stolen from an AGW wallet, with the tweet recommending 2FA to prevent such incidents.

The Forge launches on Abstract with a mechanism that self-curates aligned early holders through veABX token holders locked for 4 years who direct emissions to token launches. Abstract participates as a contributor in the x402 Hackathon alongside Ethereum Foundation, Coinbase, Polygon, and others, focused on building agents and internet-native payments over one month.

Red Bull Racing digital collectibles reach 4,526,433 claims, onboarding 417,000 new users to crypto. Ethereum highlights the platform in their post, while flash badges for Red Bull Racing, Cambria, and Abu Dhabi go live.

Diamond tier launches next week. ARTMS, a music project with 5M total Spotify streams for Icarus and 13k daily plays, builds on the platform.

BLINKO game launches on the platform, developed by the Bearish team and showcased at the Pudgy Penguins Art Basel event with a referral-based rewards system using honey tokens.

Disney digital collectibles launch on the platform through Cryptoys.

Community reports token price decline from four figures to three figures, while awaiting public launch of Ruyui game for XP farming.

The x402 Hackathon launches with Abstract as a contributor alongside Ethereum Foundation, Coinbase, and Polygon, running December 5, 2025 to January 5, 2026 for building agents and internet-native payments.

Waifusweeper game officially launches this month in collaboration with YGG_Play.

431k wallets collect all 72 items from the "IN THE MOMENT" collection using email-only, gasless onboarding.

Gaming project Cambria launches Season 3 on the platform with an $800k growing prize pool and introduces Ruined Dungeons as a new high-risk extraction zone feature.

Myriad Markets announces $MYR token coming and reports $102.1M monthly trading volume for last month.

Perpetuals trading volume increases on the platform. SpeedTradingEx operates a consumer-friendly perpetuals DEX offering 1000x leverage positions with real-time trading.

A free Red Bull Racing NFT mint powered by Gate goes live on the platform. (ID: 1996981265292034251)

A team member departs after working on mainnet launch, developer ecosystem growth, and bringing AI teams onchain.

Red Bull Racing's final "In the Moment" NFT collection launches with artist TimpersHD from Chimpers collaboration. Myriad Markets introduces liquidity pools offering revenue share and rewards to liquidity providers.

cautionfun_ launches live on Abstract Chain with box opening functionality. (ID: 1996610556707659951)

Cryptoys, a collectibles platform featuring major IPs including Star Wars and Disney, is building on Abstract Chain.

Abstract Chain goes live with x402 integration for seamless pay-per-call crypto payment functionality.

Abstract portal now displays NFT values for users. Multiple ecosystem games launch new features including ThePlooshies "Pileup" game (20 moves per level puzzle), PenguClash Creator program with earnings for content creators, Gacha game free Welcome Pack cards giveaway, and Pudgy Party Christmas-themed season.

PENGU token is now live and tradable on Abstract Chain.

Red Bull Racing partnership launches December 5th at 00:00 UTC with free collectible race moments, featuring art by rocketgirlART, LiViXi3, ALIENQUEENNFT, and TimpersHD.

Abstract global wallet receives a UI overhaul rolling out over the next few weeks, featuring redesigned swap interface and Abstract portal pfp integration in the new design.

MMO game Cambria's new season launches December 4th and runs for 10 days. Megaweapon game releases its largest update featuring team modes, custom lobbies, new XP rules, and a 10 million $WEAPON prize pool.

Largest veABX holder position accumulated on AboreanFi, representing a substantial long-term bet on the Abstract Chain ecosystem.

New game waifusweeper coming to Abstract Chain through partnership between Raitomira and YGG_Play.

Pudgy Penguins mystery box sale concludes with 7,226 boxes sold generating $722K in revenue, with delivery scheduled for March 2026.

Caves: Dig & Dash game on Abstract Chain reaches 2,000+ players milestone, with Week 3 leaderboard complete and 25M WOOL plus Abstract Chain XP rewards distributing within 24 hours.

Pudgy Penguins Mystery Box sale on Abstract reaches 5.7k boxes sold at $99 each with 30 minutes remaining, with minters receiving SBT eligibility and potential XP from Abstract Chain.

dyli_io platform brings Pudgy Penguins random boxes onchain through Abstract Chain.

Community gathers around $DAK token ahead of planned official relaunch on Abstract.

Developers who launched extraction/rug pull projects on Abstract now launch on Monad and create negative sentiment (FUD) about Abstract after unsuccessful extraction attempts.

An unnamed project that announced migration to Abstract Chain executed a rug pull 10 days after the announcement, with the main account and founder going private after shutdown.

Tollan Universe to launch on Abstract, adding another gaming project to the chain's ecosystem.

Chain metrics show $29M TVL and $610M trading volume in the last 30 days with $293K monthly app revenue; hundreds of dead tokens exist on the chain.

MyriadMarkets expands multi-chain deployment to BNB, Abstract, and Linea chains and partners with Walrus to store all market data fully on-chain for transparency.

Project Quantum is institutionally-oriented and the team expresses preference for the ICO/airdrop distribution model, according to interview with Luca Netz.

PenguClash launches Soul Bound Token (Pengu Clashooor SBT) on Abstract Chain, available and distributed to the general public.

MyriadMarkets reaches $100 million in lifetime volume milestone.

The finance stack consists of xeetdotai (InfoFi), AboreanFi (DeFi), and MyriadMarkets (PredictionFi).

25M WOOL tokens distributed to Week 2 players as rewards alongside Abstract XP, NFTs, and official merchandise; Week 3 competition now active.

PlaySOPO and PlaySOPOPRO will launch on Abstract Chain following phase 1 of Solana Mobile Seeker partnership.

Galaxis announces support for Abstract Chain with multi-chain community features and invisible wallet integration for simplified onboarding.

WEAPON token migration to Abstract announced with 10% supply allocation for DEGEN tournament players until TGE. Abstract Portal now separates luck-based and skill-based games into different categories.

Users can mint ARTMS K-pop photo cards to earn Abstract Chain badges.

Abstract XP earning now available on Lute trading platform through Abstract Global Wallet integration.